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Breaking· Economy· Updated

Keystone, Delek Israel, and Meitav Partners Complete HOT Mobile Acquisition

Keystone, Delek Israel, and Meitav Partners have finalized their acquisition of the Israeli mobile carrier HOT Mobile for approximately 1.218 billion shekels. The deal was financed with a significant portion coming from a loan taken by HOT Mobile itself, and the new owners plan to develop the company's operations and infrastructure.

3 newsrooms · 1 language · since

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What happened

  1. 01Keystone, Delek Israel, and Meitav Partners acquired HOT Mobile for 1.218 billion shekels.
  2. 02Keystone and Delek Israel each hold 40% of the new ownership, Meitav Partners holds 20%.
  3. 03A significant portion of the acquisition was financed by a loan taken by HOT Mobile.
  4. 04The new owners plan to develop HOT Mobile's operations and infrastructure.
  5. 05HOT Mobile serves over two million subscribers and co-owns a network infrastructure company.
Translated and summarized by baba from Israel Hayom, the latest report. Read Israel Hayom’s original

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